Barnabas Foundation
91% goes to programs $2 to raise $100 Strong reserves
Barnabas Foundation is a 501(c)(3) organization based in Crete, Illinois, registered in 2019, with $83,271,055 in FY2017 revenue. CharityIndex grades it A+, and it directs about 91% of spending to programs.
3801 Eagle Nest Dr Ste B, Crete, IL, 60417 EIN 36-2904503 Since 2019
Revenue (FY2017)
$83.3M
▲ 11.3% vs prior year
Religion median: $139K
Expenses (FY2017)
$67.4M
Net assets
$225.5M
Employees
32
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating91% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Barnabas Foundation: 91% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating40 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Barnabas Foundation: 40 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Barnabas Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Barnabas Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Encourage god-glorifying stewardship, based on biblical principles, of material resources among christians who actively support barnabas foundation member church and ministry organizations.
What they do
Barnabas foundation serves its christian member organizations with a comprehensive planned giving program that includes education and training, charitable gift marketing and messaging guidance, charitable gift planning meetings with member supporters, charitable gift annuity issuance and administration, management of charity endowment fund assets and proper charitable gift acceptance and reporting. through member affiliation with barnabas foundation, church and ministry organizations have access to a planned giving program and the expertise required to maintain it at a fraction of the cost it would take to develop on their own. by participating with other church and ministry members and sharing in the costs of the foundation, the members can dedicate more of their resources toward the fulfillment of their mission.
Barnabas foundation provides education and training for churches to encourage their congregation members to be faithful to god with their finances. the purpose of the education is to help individuals to be wise stewards of god-given resources so they can experience the peace and joy that comes from living a generous life. in 2017 the organization provided educational resources and training to over 750 churches and its other member organizations.
Contact & location
- Address
- 3801 Eagle Nest Dr Ste B, Crete, IL, 60417
- City
- Crete
- State
- Illinois
- Category
- Religion-Related
- Subcategory
- Christian Churches & Ministries
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $43.1M (FY2013) to $83.3M (FY2017) across 5 reported years.
Financial snapshot
Financial health & position (FY2017)
Liabilities $202.6MNet assets $225.5M
Operating margin
19.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$428.1M
Total liabilities
$202.6M
Net assets
$225.5M
Salaries & benefits
$2.2M
3% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2017 | $83,271,055▲11.3% | $67,443,319▼11.9% | $225,462,757▲18.7% | $428,082,293▲16.3% | 990 |
| 2016 | $74,821,485▲10.6% | $76,556,983▲65.7% | $189,886,561▲2.1% | $368,034,470▲9.7% | 990 |
| 2015 | $67,629,865▼6.9% | $46,193,416▲14.8% | $186,038,649▲10.3% | $335,418,077▲3.4% | 990 |
| 2014 | $72,653,724▲68.5% | $40,245,304▼3.2% | $168,618,570▲6.4% | $324,527,279▲8.0% | 990 |
| 2013 | $43,114,606 | $41,579,846▲50.8% | $158,401,983▲3.2% | $300,511,999▲1.1% | 990 |
| 2012 | — | $27,573,997▼22.3% | $153,452,021▲21.8% | $297,333,614▲13.4% | 990 |
| 2011 | — | $35,481,192▲51.1% | $126,025,334▼2.9% | $262,285,181▼2.8% | 990 |
| 2010 | — | $23,475,100 | $129,737,924 | $269,889,407 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2017)
Highest-paid: James Bakke — $165,456 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James Bakke | Executive Director | 40 | $165,456 |
| Amy Baty | Director of Planned Giving | 40 | $123,877 |
| Kurtis Knoll | Director of Invest. Services | 40 | $119,610 |
| David Schutt | Director of Finance | 40 | $118,943 |
| Bryan Miesel | Director of Member Svcs (thru 09/17) | 40 | $112,432 |
| Steven Baker | Charitable Gift Planner | 40 | $110,702 |
| Cindi Riemersma | Treasurer | 32 | $73,520 |
| Linda Maier | Secretary | 40 | $50,464 |
| Cara Mulder | Director (began 9/2017) | 1 | — |
| Edward Talen | Director (thru 09/2017) | 1 | — |
| James Belstra | Director (began 9/2017) | 1 | — |
| John M Vander Haag | Director | 1 | — |
| Ken Erffmeyer | Vice President | 1 | — |
| Kevin Van Solkema | Director (thru 09/2017) | 1 | — |
| Loren Veldhuizen | President | 1 | — |
| Marv Struiksma | Director | 1 | — |
| Paul Buikema | Director | 1 | — |
| Paul Wassink | Director | 1 | — |
| Sandy Johnson | Director | 1 | — |
| Scott De Young | Director (thru 09/2017) | 1 | — |
Top vendors & contractors (FY2017)
| Contractor | Services | Paid |
|---|---|---|
| Neuberger Berman | Investment Management | $276,153 |
| Stellar Technology Solutions | Software Services | $199,846 |
| Artisan Partners Funds | Investment Management | $196,192 |
| Nepc LLC | Investment Consultant | $160,333 |
| Standard Life | Investment Management | $142,787 |
Grants received · $13.9M total
27 grants to Barnabas Foundation totaling $13.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Giving and generosity | 2024 | $6,734,678 |
| American Online Giving Foundation Inc | General support | 2024 | $20,150 |
| The Community Fdn of Middle Tn Inc | Debra k. moore stewards fund #192152 | 2024 | $18,908 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $200,975 |
| American Online Giving Foundation Inc | General support | 2023 | $19,875 |
| Donor Advised Charitable Giving | Religion related | 2023 | $11,593 |
| The Bessemer Giving Fund | General support | 2022 | $5,800,000 |
| Donor Advised Charitable Giving | Religion related | 2022 | $41,815 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $30,061 |
| American Endowment Foundation | Philanthropy | 2022 | $25,630 |
| American Online Giving Foundation Inc | General support | 2022 | $20,450 |
| The Blackbaud Giving Fund | General support | 2022 | $20,300 |
| Donor Advised Charitable Giving | Religion related | 2021 | $455,186 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $18,766 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $18,766 |
Grants made · $57.7M in FY2017
726 grants totaling $57.7M in FY2017 — showing the 15 largest. All grants made by Barnabas Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| World Renew | General support | $3,515,927 |
| Westminster Theological Seminary In California | General support | $3,130,100 |
| The Association of Illiana Christian High School of Indiana | General support | $2,976,432 |
| Calvin University | General support | $2,857,880 |
| Dordt University Incorporated | General support | $1,950,500 |
| Elim Christian Services | General support | $1,606,757 |
| Calvin Christian School of Escondido Inc | General support | $1,164,750 |
| Calvin Theological Seminary | General support | $1,154,157 |
| Hope College | General support | $1,019,750 |
| Holland Home | General support | $1,011,350 |
| Meadowbrook Village Christian Retirement Community | General support | $1,000,000 |
| Kuyper College | General support | $986,951 |
| Bible League | General support | $970,589 |
| Christian Reformed World Missions of the United States of America | General support | $838,537 |
| Providence Christian College | General support | $812,150 |
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Frequently asked questions
- Is Barnabas Foundation a legitimate nonprofit?
- Yes. Barnabas Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2904503, based in Crete, Illinois. Donations are tax-deductible.
- What is Barnabas Foundation's EIN?
- Barnabas Foundation's Employer Identification Number (EIN) is 36-2904503.
- How much revenue does Barnabas Foundation report?
- Barnabas Foundation reported $83,271,055 in total revenue on its fiscal year 2017 IRS Form 990 filing.
- How much of Barnabas Foundation's spending goes to programs?
- Barnabas Foundation spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Barnabas Foundation have?
- CharityIndex grades Barnabas Foundation A+, based on program efficiency and fundraising cost.
- How much does Barnabas Foundation's highest-paid employee make?
- The highest reported compensation on Barnabas Foundation's latest Form 990 is $165,456, paid to James Bakke (Executive Director).
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Data for Barnabas Foundation (EIN 36-2904503) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.